Sell-side bulls see major upside in Hut 8 after $7 billion AI deal
Cantor Fitzgerald analyst Brett Knoblauch on Wednesday raised his price target on Hut 8 (HUT) to $72 from $64 following the company’s announcement of a $7 billion lease agreement with AI infrastructure firm Fluidstack. “We believe this is a deal the market has been waiting for,” Knoblauch wrote in a note to clients, calling the...
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